Fidelity National Information Services Inc. has priced its sale of $400 million of 4.25% senior notes due 2028 and $600 million of 4.75% senior notes due 2048.
The company intends to use proceeds from the offering to repay some of the about $1.28 billion principal amount outstanding as of May 11 under its revolving credit facility, with accrued interest.
The company also intends to issue a notice of redemption for the entire $750 million of its 2.850% senior notes due October on the date of settlement of this offering. The company plans to fund the redemption with borrowings under its revolving credit facility.
The offering is expected to close May 16.
Merrill Lynch Pierce Fenner & Smith Inc., MUFG Securities Americas Inc., U.S. Bancorp Investments Inc. and Wells Fargo Securities LLC acted as joint book-running managers for the offering.